Get started
ssvirdi

IOC, Technical Outlook

INDIAN OIL CORP (NSE:IOC)  
ssvirdi  
NSE:IOC   INDIAN OIL CORP
Trend Analysis Chart Patterns Technical Indicators oilandgas Moving Averages negative indicatorstrategy breakofstructure breakdown priceaction
1
0
trendanalysis chartpattern indicator oilandgas movingaverage negative indicatorstrategy breakofstructure breakdown priceaction
After the break of structure the price has been trading in the negative zone. The breakdown of 164 could open the levels of 161. But the range of 164 to 161.40 could also act as a strong support zone. But the probability of a negative move is high.

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

Related Ideas

ssvirdi
ONGC, Technical Outlook
ssvirdi
IRCTC, Formation of Darvas Box in the Compression Zone.
ssvirdi
ADANIGREEN, Technical Outlook
ssvirdi
TATACONSUM, Breakdown of Descending Triangle Pattern
ssvirdi
WIPRO, Technical Outlook (Keep this stock in the watch list)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.